I have had this product for about 6 months now, and there are no ill-side effects from it, and it offers some protection for AVA and other equipment owners. It's a product by Tripp-lite called the Isobar Ultra surge protector. You can get the 4-plex for under $50 and the 6 plex for under $60 and I think it's a good value for the money.
I have used it, but they also used it at my previous place of employ (Hutchinson Technologies, Inc (HTI)), used in all of the automated manufacturing modules, to protect vary valuable PLCs, power supplies and meters. Nothing fancy, just plain old surge supression using MOVs with a latching voltage at 140 and also offers RFI/EMI filtering (at 40-80db) for a bit of treatment. I got the specifications from Tripp-lite.
Things that this unit can't do is take out lightening strikes, but will stop damaging transient voltage spikes and clean up a bit of hash noise to boot. I think it offers a value above the usual power strip as it also offers circuit isolation from components that are plugged into the same unit.

If anyone is interested in this.
Wayner